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Cryptocurrency News Video
Ivy (HBAR) Crypto Price Prediction 2024
Nov 23, 2024 at 02:20 am CRYPTO BJMF
Hedera, also known as Hedera Hashgraph, is a public network that aims to enable individuals and businesses to create decentralized applications (DApps). It seeks to address limitations such as slow performance and instability that are often associated with traditional blockchain platforms. Hedera's native utility token, HBAR, plays a dual role within the network, powering services like smart contracts and file storage, and assisting with maintaining the platform's integrity. Hedera is based on a Proof-of-Stake (PoS) model, which is designed to enhance the efficiency of transaction verification and provide a high level of security.
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